At the end of each summer, the IVAC Foundation hosts it's annual Golf Outing fundraiser at Spring Creek Golf Course. The IVAC Foundation sponsors scholarship and grants in the Illinois Valley.
One of the IVAC Foundation Scholarships is a Young Professionals Scholarship at Illinois Valley Community College that supports adult students (aged 22-40) attending IVCC. The $1,000 scholarship assists with the costs of tuition, fees, books, and other related expenses for full- and part-time students carrying a minimum 3.0 GPA.